New system to boost UAE finance sectors's integrity
The Central Bank of the UAE has developed a Persona Non Grata System in order to restrict persons with questionable…
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UAE makes plans for expat retirement benefits fund
The UAE’s Federal Authority for Government Human Resources has begun moves to develop a new fund-based system for expat workers…
Standard Chartered launches the world’s first Sustainable Deposit
Standard Chartered has launched the world's first sustainable deposit – a product for corporate and institutional clients, the funds from…
NBK wins global best innovation for real time payment tracker
National Bank of Kuwait was awarded the excellence in banking innovation for payment services by Global Finance Magazine, during its…
SHUAA Capital progressing with potential combination with ADFG; releases Q1 2019 earnings
SHUAA Capital confirms it is progressing with its potential transaction with ADFG through a strategic investment structure where-in the combined…
Head of former $1bn Abraaj healthcare fund resigns
Khawar Mann, the CEO of the $1bn healthcare fund previously managed by Dubai-based private equity firm Abraaj, has resigned "to…
Fintech to help Qatar become Islamic finance hub: QFC
Fintech can enable Islamic finance to attract more customers, increase efficiency, reduce costs and offer a wider range of products,…
Enjoy convenient access to finance in the UAE
A lot of businesses and business ideas, in particular, die a silent death even before taking off due to lack…
NBK- Egypt reports net profits in 1Q 2019 growing by 2.6% YoY
Improved profit performance was attributable to increased operating banking revenues, reflecting Egypt’s economic stability. We aim to increase our market…
Turkey raises forex sales tax in another support for lira
Turkey has raised a tax on some foreign exchange sales to 0.1 from zero, the country’s latest effort to discourage…
QNB opens new branch at Msheireb Metro station
QNB Group, the largest financial institution in the Middle East and Africa, has opened its new branch in the Msheireb…
Shuaa swings to Q1 loss on Abraaj exposure
Dubai investment bank Shuaa Capital, which is in the process of merging with its biggest shareholder, swung to a first-quarter…